Keurig Dr Pepper Inc. (NASDAQ:KDP) Shares Bought by Jump Financial LLC

Jump Financial LLC grew its holdings in Keurig Dr Pepper Inc. (NASDAQ:KDP - Free Report) by 463.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 226,739 shares of the company's stock after acquiring an additional 186,513 shares during the period. Jump Financial LLC's holdings in Keurig Dr Pepper were worth $7,283,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. MML Investors Services LLC boosted its holdings in Keurig Dr Pepper by 31.0% in the third quarter. MML Investors Services LLC now owns 45,439 shares of the company's stock valued at $1,703,000 after purchasing an additional 10,760 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in shares of Keurig Dr Pepper by 2.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 78,155 shares of the company's stock valued at $2,929,000 after buying an additional 2,103 shares during the period. Arvest Bank Trust Division purchased a new stake in shares of Keurig Dr Pepper in the third quarter worth about $1,858,000. Wilmington Savings Fund Society FSB grew its holdings in Keurig Dr Pepper by 441.5% during the third quarter. Wilmington Savings Fund Society FSB now owns 94,948 shares of the company's stock worth $3,559,000 after acquiring an additional 77,414 shares during the period. Finally, Tidal Investments LLC raised its position in Keurig Dr Pepper by 26.5% during the third quarter. Tidal Investments LLC now owns 237,887 shares of the company's stock valued at $8,916,000 after acquiring an additional 49,865 shares in the last quarter. Institutional investors and hedge funds own 93.99% of the company's stock.

Keurig Dr Pepper Trading Down 0.6 %

Keurig Dr Pepper stock traded down $0.20 during midday trading on Monday, hitting $35.21. 2,431,769 shares of the stock were exchanged, compared to its average volume of 9,925,226. The company has a current ratio of 0.53, a quick ratio of 0.36 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $47.76 billion, a price-to-earnings ratio of 21.34, a PEG ratio of 2.42 and a beta of 0.54. The stock's 50-day simple moving average is $33.82 and its 200 day simple moving average is $33.23. Keurig Dr Pepper Inc. has a fifty-two week low of $30.12 and a fifty-two week high of $38.28.

Keurig Dr Pepper (NASDAQ:KDP - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The company reported $0.58 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.57 by $0.01. Keurig Dr Pepper had a net margin of 15.04% and a return on equity of 10.45%. The business had revenue of $4.07 billion during the quarter, compared to the consensus estimate of $4.01 billion. During the same quarter last year, the firm earned $0.55 EPS. The business's revenue was up 5.2% compared to the same quarter last year. On average, equities analysts anticipate that Keurig Dr Pepper Inc. will post 1.92 EPS for the current year.

Keurig Dr Pepper Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Friday, March 28th were given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date of this dividend was Friday, March 28th. Keurig Dr Pepper's payout ratio is 87.62%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the stock. Wells Fargo & Company reiterated an "overweight" rating on shares of Keurig Dr Pepper in a research note on Tuesday, February 25th. Barclays set a $39.00 price target on shares of Keurig Dr Pepper in a research note on Thursday, February 27th. UBS Group upped their price objective on shares of Keurig Dr Pepper from $40.00 to $42.00 and gave the stock a "buy" rating in a research report on Thursday. Argus initiated coverage on shares of Keurig Dr Pepper in a research note on Wednesday, April 16th. They set a "buy" rating and a $40.00 target price for the company. Finally, JPMorgan Chase & Co. boosted their price objective on Keurig Dr Pepper from $37.00 to $40.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 26th. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, Keurig Dr Pepper presently has a consensus rating of "Moderate Buy" and a consensus target price of $39.21.

Insider Activity at Keurig Dr Pepper

In other Keurig Dr Pepper news, VP Angela A. Stephens sold 7,350 shares of the business's stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of $34.17, for a total value of $251,149.50. Following the sale, the vice president now owns 74,587 shares of the company's stock, valued at $2,548,637.79. The trade was a 8.97 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Bevco B.V. Jab purchased 3,619,600 shares of the firm's stock in a transaction on Wednesday, January 29th. The shares were purchased at an average price of $33.34 per share, for a total transaction of $120,677,464.00. Following the completion of the purchase, the insider now directly owns 218,063,479 shares of the company's stock, valued at $7,270,236,389.86. This represents a 1.69 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last ninety days, insiders have sold 84,421,350 shares of company stock worth $2,757,137,010. Company insiders own 1.00% of the company's stock.

Keurig Dr Pepper Profile

Keurig Dr Pepper Inc owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. It operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International. The U.S. Refreshment Beverages segment manufactures and distributes branded concentrates, syrup, and finished beverages.